Federal Reserve’s John Williams: Expects continued strong investment in AI.

According to market data from BIT (bit.com), SPCX fell more than 5% after the US stock market opened, currently trading at $152.3. Earlier today, major Wall Street investment banks released their ratings on SpaceX (SPCX). Raymond James set a high target price of $800, positioning the company as an integrated next-generation space infrastructure, communications network and orbital computing platform. Most leading banks took a more cautious stance, with target prices mostly in the $200–$300 range: Morgan Stanley at $300, Deutsche Bank at $255, JPMorgan and RBC at $225 each, Goldman Sachs at $205, and Citi at $200.

According to market data from BIT (bit.com), U.S. chip stocks continued to decline during intraday trading, with the Nasdaq falling 1.35%. In the optical module sector, COHR dropped 7%, LITE fell 5.21%, AAOI declined 6.56%, NOK slipped 4.96%, and MRVL fell 9.07%. For the storage sector, STX dropped 7.92%, WDC declined 10.41%, SNDK fell 11.18%, and MU slipped 7.77%.

According to market data from BIT (bit.com), US stock indices are showing divergent trends: the Nasdaq 100 Index fell 1.5%, while the Dow Jones Industrial Average rose nearly 0.5% at one point to a record high.

Ondo Perps has officially launched, offering up to 20x leverage on stock perpetual contracts, allowing tokenized stocks to be used as collateral, and providing rewards of up to $3 million. Ondo Perps noted that Ondo Technology has previously advanced the development of tokenized stocks, and its perpetual contract market now covers assets including oil, gold, silver, Intel, AMD, Meta, Tesla, Apple, Circle, NVIDIA, Oracle, Netflix, DRAM, Micron, the US 100, US 500, SpaceX, Palantir, Amazon, Strategy, Alphabet, Coinbase, Microsoft, and Robinhood, supporting permissionless, 24/7 trading. Ondo Perps claims to be the first platform to allow tokenized stocks as collateral, and is currently open to Pre-Alpha users. RWA perpetual contracts can be traded on the platform, which aims to deliver liquidity and capital efficiency comparable to traditional derivatives trading platforms. Ondo Perps stated that traders can deploy large amounts of capital, execute complex strategies, and manage risks on a single platform, free from the expiration dates and closing times of traditional derivatives venues. The platform is currently open to global users, excluding those in the U.S., Panama, and other restricted jurisdictions.

Bank of America Global Research has initiated coverage on SpaceX for the first time, assigning a "Buy" rating and setting a target price of $235.

According to market data from BIT (bit.com), U.S. stocks opened: the Dow Jones Industrial Average rose 0.09%, the S&P 500 fell 0.22%, and the Nasdaq Composite dropped 0.6%. Chip stocks continued their pullback, with SanDisk (SNDK.O) down 6.5%, Western Digital (WDC.O) down 6.7%, and Micron Technology (MU.O) down 6.07%. SpaceX (SPCX.O) slipped 1.7% as it was officially added to the Nasdaq 100 Index today.